CELER NETWORK on IMBA
IMBA will list CELER NETWORK (CELR) and open trading for CELR/IMBA, CELR/BTC, CELR/ICR and CELR/NEBL trading pairs at 2019/07/24 12:00 PM (UTC).
Users can now start depositing CELR in preparation for trading.
About CELER NETWORK
Celer Network is founded by PhDs from MIT, Princeton, UC Berkeley and UIUC and has an all-star team with years of industry experiences from top startups or tech giants like Google, Amazon, Cisco, HP and more.
Celer Network is a leading layer-2 scaling platform that enables fast, easy and secure off-chain transactions for not only payment transactions, but also generalized off-chain smart contract. It enables everyone to quickly build, operate, and use highly scalable decentralized applications through innovations in off-chain scaling techniques and incentive-aligned cryptoeconomics.
Layered architecture with clear abstractions and interfaces. Reduces complexities in the system design, development and maintenance. Enables rapid evolution of each individual component.
Cryptoeconomic model that provides network effect, stable liquidity, and high availability for the ecosystem. Includes proof of liquidity commitment, liquidity backing auction, and state guardian network.
PoLC is a virtual mining process that acquires abundant liquidity for the off-chain ecosystem. Participants commit (lock) their idle liquidity (e.g., ETH) to a “dumb box” called Collateral Commitment Contract for a certain period of time with CELR token rewarded.
LiBA enables off-chain service providers to solicit liquidity through “crowd lending”. Lender priorities are determined by the interest rate, the amount of provisioned liquidity, and the amount of staked CELR token (indicating their past contributions to the ecosystem).
SGN is a special compact sidechain that guards the states when users are offline. In this case the users’ states are always available for dispute; and provides connectivity oracle services to simply the on-chain dispute process. Guardians need to stake their CELR into SGN to earn guarding opportunities and service fees from the users.
Risk warning: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. IMBAexchange will make best efforts to choose high quality coins, but will not be responsible for your investment losses.
Thanks for your support!
IMBA listing Team